BANGALORE: Russia, India and China plan to step up their cooperation in the energy sector.
“Trilateral cooperation can be bolstered further through developing mutually beneficial relations in the energy sphere,” says a communique issued after a meeting of Russian, Indian and Chinese ministers in Bangalore on Tuesday.
Russia, India and China “complement each other in a natural fashion in energy issues,” the document says.
Russia is a leading supplier of oil and natural gas, and India and China export mainly industrial products and services.
“Energy issues need to be addressed in light of the long-term interests of both energy consumers and countries that supply energy sources,” the communique says.
The three countries favor an intensification of international cooperation in the energy sector that would follow the principles of openness, transparency and competition on the energy market and would address the interests of all parties concerned in a balanced manner, the document says.
Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]
www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the
copyright owner.
